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Unit 4 vocabulary
| Term | Definition |
|---|---|
| Demcocray | is a form of government in which the people rule by making decision themselves and by electing leaders to make decision for them. |
| Consumer | someone who pays money for a good or services . |
| Producer | is a person or business who makes and sells a good or services to others. |
| Free Enterprise | allows people to start and run a business with a limited government control. |
| Interdependence | people in each place depend the others for products and resources. |
| State Department | uses diplomacy to help the president settle conflicts and makes treaties with other nation. |
| service industry | A business that does that does things for people instead of making products. |
| market | A place where to buy and sell goods. |
| export | products that are sent to other countries. |
| import | Products that are received from others countries. |
| technology | Is a new scientific knowledge or tools to make or do something. |
| Trade off | Is giving up on thing to get something else. |
| opportunity cost | The thing that you give up. |
| diplomany | The practice of working with other government to reach agreements. |
| diversity | The many difference are due to a persons race, religion |
| tradition | is an idea or way of doing something that is handed down from the past. |
| ethnic group | Is a group of people from the same country,of the same race,or with a shared culture. |
| folk | Is a term for stories,music,art,and objects passed down among people in a community or region. |
Created by:
Carlene
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